A summary of the Automotive Software Market :

A prominent global market research entity has recently unveiled an in-depth market research report centering on the “Automotive Software Market”. This comprehensive report offers extensive data and visual representations for analyzing both regional and global markets. It furnishes valuable insights into the market’s objectives, encompassing detailed information on top competitors, market value, current trends, strategies, targets, and product offerings. Moreover, the report sheds light on the recent growth and historical data of the market, delivering crucial information for stakeholders.

Analysis and Development of the Automotive Software Market:

Automotive Software Market size was valued at USD 274.37 Bn. in 2023 and the total revenue is expected to grow at 6.9% through 2024 to 2030, reaching USD 437.70 Bn.

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Industrial Range of Automotive Software Market :

This research report extensively analyzes trending competitors, their growth patterns, and market dynamics. It provides insights into regional and global market values and demands, facilitating a better understanding of the competitive landscape and the market’s production, demand, and supply potential. The segmentation analysis considers crucial factors such as psychographic, demographic, geographic, and behavioral aspects, influencing marketing strategies, targeted products, offers, and customer experiences.

By utilizing Porter’s analysis, the report determines organizations’ competitive positions to enhance profitability. Additionally, Pestle analysis assesses the validity of existing products and services within the contextual data. A SWOT analysis evaluates the internal and external factors contributing to a company’s strengths, weaknesses, advantages, and disadvantages. In summary, this report offers a comprehensive and informative overview of the Automotive Software market.

Classification of the Automotive Software Market

by Vehicle type

Passenger car
LCV
HCV

Depending on the Type of Vehicle: In industrialized nations, there is a growing need for automotive software in passenger automobiles due to the increased demand for sophisticated applications like ADAS and linked services. The major company implemented the approach in response to the growing need for sophisticated applications for the automobile sector.

Since passenger cars are more likely than commercial vehicles to include software services, the passenger car sector is anticipated to have a dominant market share in the automotive software industry throughout the forecast period.

For instance, in February 2021, automotive technology firm Savari Inc. (US) was bought by Harman International (US). Savari Inc. creates vehicle-to-everything communication technology for 5G Edge and automotive devices. The need for passenger automobiles with cutting-edge services has been spurred by rising disposable income in Asia Pacific emerging nations.

 

by Application

ADAS & Safety Systems
Body Control & Comfort System
Powertrain System
Infotainment System
Communication System
Vehicle Management & Telematics
Connected Services
Autonomous Driving
HMI Application
Biometrics
Remote Monitoring
V2X System

by Software layer

Operating System

Middleware
Application software

An operating system (OS) acts as a link between computer hardware and application programs, according to the Software Layer. This restricts how an application may use hardware by making it follow guidelines established by the operating system.

Services that facilitate app creation and execution are also included in the operating system. These services involve handling all of the hardware resources that the application will require, including memory loading, sensor and actuator communication, results storage, and a host of other operations.

The OS is also thought to have a wide range of other software features, including middleware, libraries, and other system software.

by EV application

Charging Management
Battery Management
V2G

According to Application: Over the course of the forecast period, the automotive software market’s fastest-growing application will be the power train sector. Powertrain technology uses software and data to increase performance and fuel efficiency in electric, hybrid, and conventional internal combustion engines. It does this by utilizing onboard sensors and external connectivity through vehicle-to-vehicle (V2V), vehicle-to-infrastructure (V2I), and vehicle-to-everything (V2X) technologies.

Utilize linked powertrain data from nearby cars (V2V) and traffic lights (V2I) to reduce acceleration and produce a speed profile that uses less energy. On top of currently available off-the-shelf navigational services, fuse powertrain dynamics layer presents energy-optimal routes tailored to vehicle powertrain and driver behavior.

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Automotive Software Market Location-Based Analysis

The report offers formal, functional, and vernacular regional analyses, focusing on high-demand regions such as Asia Pacific, North America, Latin America, the Middle East, Europe, and Africa. The analysis provides insights into different targets, strategies, and market values specific to each region.

Principal Players in the Automotive Software Market Industry

1. ATEGO SYSTEMS INC. (PTC)(Myanmar)
2. Autonet,(South Africa)
3. Blackberry(Canada)
4. Wind River(US)
5. Microsoft(US)
6. ACCESS, Broadcom(US)
7. Google(US)
8. Green Hills Software(US)
9. MontaVista Software(US)
10.Mentor Graphics(US)
11.Airbiquity(US)
12.Texas Instruments(US)
13.Adobe Systems (Adobe).(US)
14.PTC Inc.(US)
15.NXP Semiconductors(Netherlands)
16.Renesas Electronics(Japan)
17.Dassault Systems(France)
18.Intellias Ltd.(Ukraine)

List of Contents : Automotive Software Market

Part 01: Executive Summary

Part 02: Scope of the Automotive Software Market Report

Part 03: Automotive Software Market Landscape

Part 04: Automotive Software Market Sizing

Part 05: Automotive Software Market Segmentation by Type

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

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Important Questions the Automotive Software Market Report Addresses:

  • What are the opportunities for the Automotive Software Market?
  • Who are the key players in the Automotive Software market?
  • Which company holds the largest share in the Automotive Software market?
  • What will be the compound annual growth rate (CAGR) of the Automotive Software market during the forecast period?
  • What key trends are expected to emerge in the Automotive Software market in the coming years?

Principal Products/Services:

  • Market Share, Size, and Revenue Forecast
  • Market Dynamics: Growth drivers, restraints, investment opportunities, and key trends
  • Market Segmentation: Detailed analysis by Automotive Software Market
  • Landscape: Leading key players and other prominent participants

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